2010

Federal judge approves Facebook 'Beacon' class-action settlement

As part of the settlement, Facebook will fund a “digital trust fund” that will issue more than $6 million in grants to organizations that study online privacy. Over the objections of privacy advocates, Facebook will have a seat on the fund’s three-member board. The board consists of Chris Jay Hoofnagle, who heads the Berkeley Center for Law & Technology; Tim Sparapani, Facebook’s public policy director; and writer Larry Magid.